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majority leader eric cantor is there and says the to leaders tax eswill not sigo up. you're watching cnbc, first in business worldwide. >>> we have had a busy, a barrage of earnings. we've had microsoft and at&t and starbucks, all posting their latest quarterly results minutes ago right here on the show. let's get a roundup now that we've had time to digest and read through all the earnings action. rights, bertha? give it to us. >> reporter: not full digestion but a tummy still full looking at the numbers. fiscal second quarter for microsoft beats by a penny. street looking for 75 cents. refnous more or less in line. actually had missed on both the top and bottom line last quarter. take a look at the reaction of the stock. we've got microsoft here. there we go. it's still down, however. sold 60 million windows 8 loy senses. no details on the surface sales. that's something else people may ask on the license call. at&t, strong on the bottom line, and actually missed on both the earnings for the same quarter last year. they said they saw smartphone fans, activated 18.6 iphones and 26% were
, requiring congress to not spend more than it makes, than it takes in in taxes. if you call taxation making money, but it can't spend more than it takes in. any traction on that? >> yeah. this is an idea, an old idea, whose time has timely come, and, you know, as polls show about 75% of all americans support this idea, most of the state legislatures operate the same way, and we need to do this because we need permanent structural spending reform so that we don't find ourselves back in the same position every six to 18 months in raising the debt limit. >> limit spending to 18% of the gross national product, 18%. right now, it's a rate of 23%. we're looking at some of the other things that you would do. you want a historical average of total federal receipts so congress is only run a deficit, increase taxes, or increase debt if agreed upon by a two-thirds vote. i like how it sounds, but it doesn't sound like you can get other politicians to agree to it? >> rome was not build in a day. it's in the a sell yet, but we have support in the senate for the idea of a balanced budget amendment. the la
are going to get into solutions. there is something they have been advancing called the robin hood tax. it is gaining steam, all kinds of americans are starting to buy into this. i want you to hear about a as one solution to the problem. please welcome roseanne. >> as we all know, wall street does not pay its fair share. there is a minimum of 50 cents on stocks. we all pay sales tax on everything that we buy. we sell something, we pay tax. this is paying to wall street -- you have gotten a pass. when you talk about jobs and education, i want to ask you, where are the jobs? they are not just trickling down or bubbling up -- there are no jobs in this country. i work for the labor movement -- it is being decimated by the right wing. i will talk about the financial transaction tax -- this is a part of the solution. i want to tell you, i represent registered nurses in the unions across this country. they are of the finest tradition of martin luther king -- they are about humanity. they do not make distinctions among patients. they do not care if you are rich or if you are poor, if you are b
lower. what you are seeing is a lot of investors wanting to take a profit before the capital gains taxes kicked in. you started seeing the stock sell off last september. as for today, they are choosing to get out and they are seating up. phones and tablets and the heat is coming heavier these days. >> it's about innovation here since steve jobs passed. tim cook took over and what does it say about tim cook's tenure as ceo? >> does he get the blame? sure. the buck stops with him. he's the same guy who oversaw the debut of the iphone 4s. he's the guy who stared the stock price. when kwook took over, the price doubled in the first year and his charge peaked in september. shares have tumble and there two camps and schools of thought. wall street and analysts say that they don't have the confidence that he can deliver, but this is an incredibly healthy company with $137 billion tucked away and the next four quarters show what this showed last night, maybe they will ree valuate. for now, cook should stay. >> we are just minutes away. president obama expected as we are looking live at the white
with incentives to take risks and bring ideas from dream to reality. tax credit to help early-stage companies to develop andit's worked in other states, and it's something we can do this session. i will work with the legislature to make it more desirable for small and medium size businesses to hire more people in washington. we must also do a better job commercializing the technologies connecting the dots from the classroom to the laboratory to the marketplace. and no economic strategy would be complete without a transportation plan that facilitates this growth. this session i expect to work with stakeholders that have already committed to a bipartisan plan to build an infrastructure for the next generation. in the next ten years, our population will grow by approximately three quarters of a million people, but we will not be adding one more square inch of dirt. to honestly address our recognize that creativity is just as important as concrete. i want us to turn our innovative spirit towards crafting a transportation package that includes roads, trains, light rail, buses, bike routes and othe
's consumer alert, with the onset of new tax laws for 2013, the changes for social security. the administration has implemented a variety of new rules going into effect this year. the most notable is how retirees will receive their social security checks. join ford, they will not be printed as traditional checks. this will begin march 1. they can choose to have their payments directly deposited or loaded onto our prepaid debit mastercard. if you have a checking account, you are encouraged to sign up for direct deposit. if you are planning to claim tax education credits, you have to wait until mid february to file your return because the debate over the fiscal cliff made processing for the irs. the majority begins tomorrow. due to new tax laws enacted by congress, the irs says it has the of baby processing systems which is used to claim the american opportunity tax credit and the lifetime learning tax credit. those are starting on wednesday. memory for gamers tonight as apple unveiled an upgrade to the ipad. 128gig of memory. nothing else has changed for the next one that wen
. >> and now tackled by taxes, and make $75,000, see if he gets to keep any of it. >> "fox & friends" begins right now. ♪ >> good morning, i hope you had a great weekend. >> clayton: yeah, ainsley earhart here, tucker carlson, ainsley fresh off the return to the gun range down there in texas. >> that was so fun. >> clayton: did you fire an a-47. >> no. >> were you nervous? >> i was down in katy, texas, offering free classes to teachers in the area. the class full of teachers and we interviewed why they were doing that and even though you're not allowed to take guns in flarms yet and hoping that does pass the state of texas. >> you looked great down there and we'll talk more about dianne feinstein's legislation, first to the headlines. >> straight to the headlines, an extreme weather alert. the midwest bracing for dangerous ice storms, sleet, snow and ice could leave behind a slippery mess in illinois and michigan as well as missouri. this as the country gets ready for a brief warm-up. rick is tracking it for us this morning. and it's a rollercoaster, hot and cold. >> it is and it's going
$4 billion more in tax revenue than expected. january16 turned out to be a record setting day with the franchise tax board receiving $2.2 billion in taxes. mostly from the 6% of filers who pay taxes quarterly. one observer suggests the spike may be from people taking profits ahead of increase in the federal tax rate. >>> governor brown is scheduled to give his third state of the state address tomorrow morning. no word from the staff on what the focus will be. political observers expect the governor to discuss a proposed tunnel to ship water. other topics include education reform, and high speed rail. you can watch the governor's address here on ktvu. it's set to start at 9:00 tomorrow morning. if you are away from your tv, we will be streaming it, on all of our mobile platforms. >>> apple's ceo talks about record revenues today, but warns about a challenging future. >> i just told you about the rainfall around the bay area today. coming up, i'm tracking how much more you can expect on your morning commute. >> but first, right after the break, making music history right here in
that you are now in. they are blaming other people. later tonight, it's bad enough that your tax dollars are being used to arm egypt with f-16s and tanks. we are watching the defense ministers now that the destination on the brink of collapse. what in fact is obama's plan on that issue and where are those f-16s going to end up. michelle malcom will sound off straight ahead. ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. campbell's. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. marie callender'
.c. now has more than $1 billion saved in the bank. all thanks to a recent $400 million surplus. the tax payers shouldn't expect to see any of that money. mayor gray announced yesterday that all of the money will stay in the city savings account. the extra money was raised through the speed camera fines, corporate taxes and one very high estate tax. many disagree with the mayor's decision saying some of it should go towards helping lower city taxes and funding the district's social services. >> i'm sure the city needs some as well but the taxpayer need it back if they can get it to them. >> this past spring and summer, we had dozen of children sleeping on the streets because we don't have a right to shelter year round for families. >> the mayor later said he is not completely ruling out lower being taxes in the future but he did not specify just how much the district would have to have in the bank for that to happen. >>> president barack obama laying out his plans to fix the nation's immigration system in las vegas just a day after i agroup of eight republican and democratic senators off
have caused the ground to give way, next. >>> choppers feeling taxed from tax hikes, consumer confidence falling in january, hitting its lowest level in more than a year. the reason that new tax hikes, social security taxes leaving people with less money in their paychecks also leaving are gas prices. the national average for regular unleaded rising for the 12th straight day. it's now at $3.36 a gallon. meantime, no nickel and diming here. a rare 5-cent piece is expected to snag more than $2.5 million. when it comes up for auction in april, the 100-year-old humble nickel is one of five known to exist. and it turns out some health food may not be so healthy. a new report saying leafy green vegetables are the leading source of food poisoning, so kids rejoice, you might see less spinage on the dinner plate. i'm eric.  [ male announcer ] pipillsbury grands biscuits. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making
-paying jobs in these industries will be paying the taxes to some other country, will be simply an economy and some of the country. you want to know what america is special? one of the reasons why it special is because for over 200 years we have been a collection of the world's best and brightest to a magnet that attracts people here and now have an immigration system in the 21st century that is making a very difficult to achieve. that's what this effort is to the other concern i heard is what about folks that are in this country now? this is a legitimate concern when people raise it, i don't get upset about that. that is a very legitimate concern. about the kids are raised here and go into these intricate, will they be hurt if you have seen the need, they need far exceeds what we are producing. so that's not an immediate concern but here's the other. that is the startling figure that was used earlier. that for every 100, 100 foreign-born s.t.e.m. workers we're creating 260 some odd jobs. it's indisputable that these jobs create jobs for people right down the line in this process. if you'r
shape. >> taxes maybe. >> taxes are an issue, but. >> yesterday, i was told walmart are trying to deal with this now. people are coming in to try to buy things and people are getting pennies out of their pocket. >> walmart, they were able to see that people would be coming into the shore as their paychecks came in. they were coming in really late at night on a monday or whatever the cycle was. >> my brother is in food sales. he says at the end of the month, and you don't even have to go in and is visit some of the merchants. people don't have money and they're not really buying anything. there's a real cycle. >> did you hear it being used at the end of the month? i like that better than at the end of the day. >> that's underused. i hear people say at the end of the day. sometimes we ask them a question and they say it five times in the answer. every time they say it, they go, it was good that i saved it. at the end of the year, what will the toelgdz to 13 have been? >> i think around 2%. i don't think it's accelerating. i'm concerned about the impact of global growth, i'm concerned abo
. >> what do you make of the tax issue which is starting to hit -- this is one of becky's big issues. she's been writing about about this -- how many years? >> the tax issue? >> the tax issue. >> the tax issue -- >> the -- the sales -- online sales tax. >> california and texas were hit this quarter. it could have played a role and probably did because u.s. revenues were lighter than international. i think for the most part there's a tradeoff. i think as they don't have to worry about violating the statute which is the no presence. and when they go down the path of actually charging sales taxes, that does mean they can actually move closer to the consumers, build some of the fulfillment centers there and offer some of the amazon conveniences. >> and i think amazon is actually behind some sort of a compromise that would bring you revenue on a per state basis at least. >> right. it is going to affect the bottom line ultimately. >> it -- i think so. i think that there's a lot of areas in investment i think for amazon below the gross profit line. i think we focus a lot, investors focus a lot o
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. that was mindy's. i got mine. >> could you be paying two different gas taxes? >> no criminal charges for three police officers involved in a man's death. >> i know you're looking at me with the lobster roll. we have some snow on the way >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 6:00 a.m. >> good morning. welcome back to 11 news today. i am sarah caldwell. >> i am stan stovall. 6:31. >> good morning. we have some snow on the way. temperatures in the teens. by this afternoon, we expect some light snow to develop. 1-2 inches of accumulation. breezy and called this weekend -- breezy and cold this weekend. 50 by tuesday night. >> the roads are dry. we have some problem spots coming into us. sinclair and chesterfield, a crash. 12 minutes between 32 and the beltway. no delays there. 55 on the topside of the beltway. sen story on 95 at the toll plaza -- same story on 95 at the toll plaza. >> three police officers will not face charges in the case of a man who died while in custody. >> sarah sampson has more with reaction. good morning. >> good morning. the fam
taxes and you will have to pay a fine. and what you will get is basically the equivalent of a nonresident visa that allows you to work here. you do not qualify for federal financial benefits, so you are not a strain. i've heard that concern raised, this is going to place a strain on our social services. as a nonimmigrant visa holder you do not qualify -- under existing law now you do not qualify for federal benefits. what you get is a work perm. the ability to be here legally. we know where you are, we know where you live. you pay taxes. you've paid a fine. this is not amnesty and you have a nonimmigrant visa. there is nothing you can do with that visa is stay here and work. you can travel to visit relatives. you can't turn that into citizenship. they will have to remain in that probationary phase for a significant period of time, not an unreasonable period of time but a significant period of time. after that period of time elapsed and if they have complied with all the requirements of that probearingsary period and if -- probation ary period and if it is certified the en
higher tax rate. his former neighbor says he has a point. he says the tax policy in their neighborhood is criminal. criminal. he'll explain. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high blood pres
to stand out in a crowd, whether it's on taxes or regulations or in the past on immigration, you were completely shunned from the party. finally there's an understanding we've got to grow the party. what we've been saying for quite frankly for years and getting attacked, we want colin powell on our side. we want moderate republicans on our side. if we're going to be the majority party again, we've got to spend the party. >> are you saying they're pushing her out of the spotlight as part of making the stupid party less stupid? >> what i'm saying is that sarah palin represented a time and place in american politics. and not 2008 so much as 2010. and that time is passing us very quickly. and party leaders are finally understanding that. you know, roger els, i brought up richard haass, roger els before. roger els saw this coming well before the 2012 election. he had realized what had gone wrong. not only at his network but also in the conservative movement of the republican party. that's why he was running out and talking to chris christie saying, get in this race. you can save this party
detroit and you want to buy it and create this utopia. what would the tax policy be like because that is what i care about? >> do not fax anything you want to encourage. melissa: it sounds like a fantasy, but this is a real plan. it is a 983-acre island located off of detroit. it was purchased by detroit in 1879. the reason why you think that this could actually happen is because detroit, of course, is in dire financial strength. they are looking for anything to do to write in the books. what are the odds that you think you can get this done? >> well, considering all the interest and the media coverage in the past week and all the discussion, i think the odds are getting much better. i think it can happen. melissa: it would be like puerto rico. it's all private entity. you would have your own currency. you have to renounce your citizenship, though. is that something that would have to be done here? >> no. actually, what i am proposing in this book which i have written is to be in additional citizenship for bell island. melissa: there would be a fee to do that. have you had a lot
of at tax in benghazi which four americans were murdered the president did an interview with steve kroft which he said, we don't know whether this was an act of terrorism or not. cbs sat on the sound bite, only news on the interview and did not release that to the public until way after it became a major issue in presidential they worked on behalf of the obama campaign. your question which is smart one, why are they doing this? i don't know. "60 minutes" is good show a lot of the time. martha: they will take heat for this for some time. >> he is like kryptonite for them. martha: "60 minutes" interview with the president, propaganda. >> melts with obama for some reason. >> also, martha, the other thing is probably the first half the interview is old news. we know how the secretary of state was chosen. we know about the back and forth. this already has been reported on. this is not new information like he was getting new insight how this came about and how they got over their relationship. it really was just a campaign endorsement. martha: yeah. huge questions about how good a secretary of
have to lay out a path a process that includes passing a background check, paying taxes, paying a penalty, learning english and going to the back of the line behind all the folks who are trying to come here legally, that's only fair. >> the president will give two interviews tonight with univision and telemundo, with less than three days left as secretary of state hillary clinton is bidding farewell to her staff, her supporters and the media. the big question now, what's next? margaret brennan is at the state department. >> reporter: good morning. as hillary clinton says good-bye people want to will she run for president in four years? she said "i've been out of politics as secretary of state. i don't see myself getting back into politics." but will the answer change? she left a group of young people wondering yesterday when she spoke with a responsibility she feels at a global town hall. >> hello. >> reporter: hillary clinton told a global audience that breaking the gender barrier in politics is the cause of her life. >> there is still a double standard and
deserve a dollar and a dream? should tax dollars be spent on lotto tickets? we report. you decide. >> i want to go out on a limb. speaking of luck, this fan makes a one in a million shot. >> with a half court hooker. >> look at that shot. he probably enjoyed the look from lebron. >> lebron james tackles him. more on that straight ahead. good thing they are now dating. "fox & friends" begins right now. >> live from new york, where we let the crew produce the show and pass the savings along to you, it's "fox & friends." >> alisyn: it's bad when at this hour of the morning i'm slap happen? >> we are in for a good show. >> 6:01 a.m. you have the right to be slap happy. >> i usually control the uncontrollable. [ laughter ] until 9:45 when the wheels fall off the bus. it's happening right now. >> it's so cold. we do begin with an extreme weather alert. deep freeze is making for dangerous travel conditions around the country. in arizona, there was a scary landing for a small plane. once it touched down, it hit a patch of ice and it slid off othe runway right into a fence. i think it's like dri
immigrants living in the u.s., requiring applicants undergo background checks, pay taxes and penalty and learn english. it would crack down on employers who hire undocumented workers. >> it won't be a quick process, but it will be a fair process and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. >> rorter: the president's plan does not outline a guest worker program, nor does it tie a pathway to citizen ship to tighter border security, both part of the senate plan. >> that issue i think is a lifeline for most of us involving in this effort. >> reporter: rubio seemed to win rush limbaugh over. >> what you're doing is admirable and noteworthy. you are recognizing reality. >> reporter: some conservatives fear granting citizenship to undocumented immigrants may encourage more to come. >> it doesn't matter if it was clinton or if it was reagan. what we've learned is if you grant amnesty, what do you get? more amnesty. more illegal entry. and so what we want to make certain is that we have learned th
because last quarter we have an increase on the vat taxes and really we pass from the bat from 70% four years ago to 21% now in the last quarter. really as you say, the retail -- the consumer has fallen down dramatic. we need to remember that the public employees has cut their extra payment from the christmas extra payment. and this situation with no more extra for christmas present has fallen down, too, since christmas time. >> citibank says public debt the surge from 88% to 110% of gdp in two years. surely the spanish government is going to have to go into an ecb program. not so that they can get cheap money. so they can get money flowing. >> yeah. as you say before, the situation is the new ministers that the government call reinforce our economy. really our debt limits is too high in terms of ecb, in terms of europe. okay, we're going to cut in our deficit level, but it's not enough. now the question is, if we need to rein in our growing economy and how to do it if the tax increase is enough for the consumer, it's enough for the companies in our country. really, in fact, the only wa
for this and it doesn't matter. they are protected by the tax code. we will never know. it's ridiculous to think he is anti-women and all these things. he was conservative for nebraska, but not hitler or somebody. i find it preposterous that this ad is out there running. >> as steve mentioned, hagel's confirmation is not really in doubt at this point. my question is, was it ever really in doubt? the senate has a history of confirming their own when they are put to the test. >> listen, the last that happened was john to youer, a senator from texas and the one before that was 1959. the senate pretty much protects their members. the tower nominations are similar to this one. guess who is going to introduce chuck hagel tomorrow? guess who the chairman and ranking member of the armed services committee were during the tower nomination? the same two men. the biggest thing about the tower nomination was that that was taken down by conserfatives. a guy named paul was a pretty big conservative. you know who he is and he testified after tower testified before the committee. he wasn't a good person and the fb
up on "good morning america." cheers. but more coming up on "good morning america." cheers. i'm a tax professional. that's all i know. prior to joining h&r block... i was a cfo for 25 years. we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. body washes with paper that reacts like skin. if others can strip this paper, imagine how harsh they can be to your skin. oh my gosh. [ female announcer ] dove is different. its new breakthrough formula changes everything. new dove. this is care. you're always on, so we're always ready. tyson grilled & ready chicken. made with all white meat, 98% fat free, and fully cooked. we'll take care of dinner, you take care of everything else. to say get well to your loved ones. this came for you, mommy. [ female announcer ] but when you send a kleenex® care pack, complete with america's softest tissue, you're also giving a warm gesture of care. kleenex®. america's softest tissue. and
to joining h&r block... i was a cfo for 25 years. we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep moving. stayfree. >>> good morning i am megan prink especially. >> i am charley crowson. -- pringle. >> i am charley crowson. john lee poll could lose his job. a request will be made the county council introducing a bill to have him remove from office. council members will vote on monday. >> if your commute tax you towards landover be prepared for some major delays because crews are still cleaning up a big accident involving a tractor trailer suv and a fire truck that happened on 495 near route 50 early this morning. 7 people were rushed to the hospital including four firefighters. only one in each lane of direction is getting by. so let's find out how tha
. every day i get to work with professional hockey players, and when i do my taxes, i want to work with the professional tax software. this is wbal-tv 11 news today in baltimore. >> good morning. i am stan stovall. three baltimore city police officers will not face charges for a man who died in their custody. police initially said that anthony anderson died of choking on drugs, but a medical examination revealed he died of blunt force trauma. the office said that the use of force was not excessive. the police department internal affairs department is investigating to find if the officers will for his administrative action. time for the morning commute with kim dacey. >> we still have a situation on 795 northbound. crash just shut down the left lane there. all lanes are completely blocked on frederick road and catonsville. crash on the outer loop of the beltway at frederick road. little bit of a backup leading up to that. crash in harford county. topside of the beltway is booming cocaine. theles -- topside of beltway is moving ok. 795 and owings mills boulevard. things are moving ju
to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve jobs did, that
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, merger which i think could happen with the fortune. and really could. it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from bemis. its stock symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brandnew bull market in packaging of all things. you're going to see i said that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a
, it was down in january because folks took a hit with that payroll tax cut expiring and social security taxes. >> i wonder, the banks have these strict guidelines now. much stricter than before because of the huge banking debacle. so i wonder are they lending money to folks who want to buy a home. that's going to be an issue. >> that always helps spur things on. the bank loosens its grip on the green. and the federal reserve expected to release a statement that could have an impact on the markets in terms of their latest economic outlook. so stay tuned for that. >>> oil giant bp and the justice department have agreed to a record settlement in connection with the 2010 gulf oil disaster. in addition to paying $4 billion in penalties, the company agreed to plead guilty to manslaughter for the deaths of 11 workers on the deep water horizon rig. bp could pay billions more in environmental damage. >>> another financial headline for you. there could be a big change coming to youtube. a paid subscription service. users would pay to access programs on youtube channel. the fees are said to be somewhere
because he has, there is an $11 million lien that he is not paying his taxes. there may be questionable contributions gip on >> kimberly: there are e-mails posted and they may corroborate the information given from the e-mail to tip tipster. >> dana: i am just listening. i'm cautious when it comes to getting in front of the f.b.i. let them do their investigation. it was reported in the "miriam herald" today -- miami herald" today. comment about the press. it's dangerous when you decide who is and is not a reporter. one that you would or would not deal with. when the dan rathertory broke about the documents being forged that was not because of intrepid reporter. take your pick of any of the big papers. it would be depicted as a blogger in the pajamas. he found that. stories pop up anywhere. journalists work for liberal or conservative newspapers or has conservative news editorial page. you bet every pay attention to all of them because where there is smoke there is fire. >> kimberly: as a smoke an
on this that will be posted later today. if you look back at ronald reagan, the conservative icon right? he raised taxes, seven out of eight years that he was president. he supported a ban on assault weapons. he supported and signed a bill creating amnesty for 3 million people who came here illegally. >> what a liberal. >> bill: if republicans -- ronald reagan could not get elected in the republican primary today and i just wish that -- not that i'm a great big fan of ronald reagan. but i wish republicans would just stop worshipping ronald reagan and start following him, start imitating him, and get that practical side to problem solving that ronald reagan did have. and he did support a ban on assault weapons, and in fact president obama quoted ronald reagan when he introduced his own gun-control measures. so immigration still probably going to happen before gun control, but the gun control battle has definitely joined after yesterday's hearing. bill joining us how are you? >> caller: hey, bill i just wanted to echo what ike said from charleston. >> bill: yeah. >> caller: and in
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